Press Release

DBRS Takes Rating Actions on 20 U.S. RMBS.

RMBS
October 19, 2012

DBRS, Inc. (DBRS) has today taken rating actions on 20 U.S. Residential Mortgage-Backed Securities (RMBS) classes from 11 transactions. Of the 20 classses reviewed, 10 RMBS classes from 7 transactions were confirmed, removed from Under Review with Developing Implications (see “DBRS Places 6,566 Classes from 576 U.S. RMBS Transactions Under Review”, published on January 23, 2012), and set to Discontinued--Repaid. Additionally 5 classes from 3 transactions were also set to Discontinued--Repaid.

The remaining 5 classes from 1 transaction were confirmed at their current ratings and removed from Under Review with Developing Implications.

These transactions consist of traditional RMBS and ReREMIC transactions.

Notes:
The applicable methodology is U.S. RMBS Surveillance, which can be found on our website under Methodologies.

This rating is endorsed by DBRS Ratings Limited for use in the European Union.

Ratings

CSMC Series 2010-11R
CSMC Series 2010-1R
Canvas Securitization LLC
Credit Suisse First Boston Mortgage Securities Corp., CSMC Series 2009-6R
Deutsche Mortgage Securities, Inc. REMIC Trust, Series 2008-RS2
J.P. Morgan Mortgage Trust 2005-A5
Jefferies Resecuritization Trust 2009-R8
Northstar Spectrum One Limited
Terwin Mortgage Trust 2005-9HGS
Wells Fargo Home Equity Asset-Backed Securities 2004-2 Trust
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.

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